Category Archives: California

California Economy Flat in June

Comerica Bank’s California Economic Activity Index was essentially flat in June, edging 0.2 points lower, to a level of 103.4. June’s reading is 30 points, or 41 percent, above the index cyclical low of 73.2. Year-to-date the index has averaged … Continue reading

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Northern California Accelerates Through 2012Q2

Strong expansion and wealth generation by Silicon Valley’s high tech industries is revitalizing the Northern California economy. Payroll job growth for the combined region outperformed the U.S. average through the second quarter of 2012, bringing the unemployment rate down to … Continue reading

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Southern California at Critical Crossroads

The Southern California economy has shown sporadic growth over the past year, sitting at the juncture of several positive and negative economic trends.  Good news comes from LAX where air passenger traffic in June was up two percent from a  … Continue reading

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California Economy Rises in May

Comerica Bank’s California Economic Activity Index rose more than one and a half points to a level of 103.6 in May. May’s reading is 30 points, or 42 percent, above the index cyclical low of 73.2. Year-to-date the index has … Continue reading

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California Economy Expands in April

Comerica Bank’s California Economic Activity Index rose roughly one point to a level of 101.9 in April. April’s reading is 29 points, or 39 percent, above the index cyclical low of 73.2. Year-to-date the index has averaged 100, one point … Continue reading

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California Economy Ticks Up in March

Comerica Bank’s California Economic Activity Index broke a streak of flat readings in March, rising nearly two points to a level of 101.0. March’s reading is 28 points, or 38 percent, above the index cyclical low of 73.2. Year-to-date the … Continue reading

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Southern California Faces Challenges

In addition to entertainment and tourism, Southern California relies heavily on international trade and defense spending. The ports of Los Angeles and Long Beach together are the fifth-busiest port in the world. The good news in the Southern California story … Continue reading

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Northern California Boosted by Silicon Valley, Anchored by Government

Strong expansion by Silicon Valley’s high tech industries is helping to revitalize the Northern California economy. Hiring remains strong amongst major software firms. General Electric is not usually associated with Silicon Valley, but soon will be. The company is building … Continue reading

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California Economy Flat in February

Comerica Bank’s California Economic Activity Index was flat for the seventh straight month in February, at a level of 99. February’s reading is 36 percent, or 26 points, above the index cyclical low of 73.  Year-to-date the index is even … Continue reading

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California Economy Unchanged in January

Comerica Bank’s California Economic Activity Index held flat for the sixth straight month in January, at a level of 99.  January’s reading is 36 percent, or 26 points, above the index cyclical low of 73.  The index is even with … Continue reading

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